Piper Jaffray Assumes Applied Materials (AMAT) at Overweight
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UPDATE: JPMorgan Upgrades Applied Materials (AMAT) to Overweight
July 7, 2014 6:39 AM EDT(Updated - July 7, 2014 10:05 AM EDT)
JPMorgan upgraded Applied Materials (NASDAQ: AMAT) from Neutral to Overweight with a price target of $30.00 (from $19.00). Analyst Harlan Sur noted continued WFE spending momentum.
"We are upgrading Applied Materials to Overweight (from Neutral) with a $30 Dec-2015 price target driven by its solid position in the semiconductor equipment market (deposition/etch/epi/implant), our continued positive outlook... More
